Vegetable Oil Industries Co (XPAE:VOIC) Days Payable: 18.08 (As of Mar. 2026) — 19% Above Median

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XPAE:VOIC Vegetable Oil Industries Co Ltd XPAE:VOIC
85 GF Score
Price JOD8.32
GF Value JOD7.29
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Vegetable Oil Industries Co Days Payable?

Vegetable Oil Industries Co XPAE:VOIC 85 Days Payable is 18.08 as of Mar. 2026, which is 19% above its 10-year median of 15.20. GuruFocus rates XPAE:VOIC with a GF Score™ of 85/100 and a GF Value™ of JOD7.29 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,894 Consumer Packaged Goods companies, Vegetable Oil Industries Co ranks worse than 77.61% on this metric.

Vegetable Oil Industries Co's average Accounts Payable for the three months ended in Mar. 2026 was JOD0.46 Mil. Vegetable Oil Industries Co's Cost of Goods Sold for the three months ended in Mar. 2026 was JOD2.31 Mil. Hence, Vegetable Oil Industries Co's Days Payable for the three months ended in Mar. 2026 was 18.08.

The historical rank and industry rank for Vegetable Oil Industries Co's Days Payable or its related term are showing as below:

XPAE:VOIC' s Days Payable Range Over the Past 10 Years
Min: 10.45   Med: 15.2   Max: 32.14
Current: 25.18

During the past 13 years, Vegetable Oil Industries Co's highest Days Payable was 32.14. The lowest was 10.45. And the median was 15.20.

XPAE:VOIC's Days Payable is ranked worse than
77.61% of 1894 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs XPAE:VOIC: 25.18

Vegetable Oil Industries Co's Days Payable increased from Mar. 2025 (17.04) to Mar. 2026 (18.08). It may suggest that Vegetable Oil Industries Co delayed paying its suppliers.


Vegetable Oil Industries Co Days Payable Historical Data

* Premium members only.

The historical data trend for Vegetable Oil Industries Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vegetable Oil Industries Co Days Payable Chart

Vegetable Oil Industries Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.40 15.69 14.70 20.43 20.39

Vegetable Oil Industries Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.04 26.59 26.03 28.29 18.08

XPAE:VOIC vs KHC, GIS, HRL: Days Payable Comparison

For the Packaged Foods subindustry, Vegetable Oil Industries Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vegetable Oil Industries Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vegetable Oil Industries Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Vegetable Oil Industries Co's Days Payable falls into.


XPAE:VOIC
85GF Score
Vegetable Oil Industries Co Ltd XPAE:VOIC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vegetable Oil Industries Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Vegetable Oil Industries Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.286 + 0.304) / 2 ) / 5.281*365
=0.295 / 5.281*365
=20.39

Vegetable Oil Industries Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.304 + 0.612) / 2 ) / 2.312*365 / 4
=0.458 / 2.312*365 / 4
=18.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 18.08 mean?
Vegetable Oil Industries Co (XPAE:VOIC) has a Days Payable of 18.08 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vegetable Oil Industries Co and its competitors. This is 19% above median its historical median of 15.20. Over the past decade, Vegetable Oil Industries Co's Days Payable has ranged from 10.45 to 32.14. According to the industry distribution chart, Vegetable Oil Industries Co ranks #1470 out of 1894 companies in the Consumer Packaged Goods industry, placing it in the top 77.6%.
Is Vegetable Oil Industries Co's Days Payable too high?
Vegetable Oil Industries Co's current Days Payable of 18.08 is 19% above median its 10-year median of 15.20. Over the past 10 years, this metric has ranged from a low of 10.45 to a high of 32.14. The Consumer Packaged Goods industry median Days Payable is 44.15. Vegetable Oil Industries Co's value of 18.08 is 59% below this industry median. Based on the distribution chart, Vegetable Oil Industries Co ranks #1470 out of 1894 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Vegetable Oil Industries Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vegetable Oil Industries Co's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Vegetable Oil Industries Co ranks #1470 out of 1894 companies for Days Payable. This places Vegetable Oil Industries Co in the lower half of its industry. The industry median Days Payable is 44.15. Vegetable Oil Industries Co's value of 18.08 is 59% below this benchmark. Historically, Vegetable Oil Industries Co's own Days Payable has ranged from 10.45 to 32.14 over the past decade. While the company's 10-year median is 15.20 vs. the industry median of 44.15, Vegetable Oil Industries Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,894 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vegetable Oil Industries Co's current Days Payable of 18.08 is 59% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vegetable Oil Industries Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vegetable Oil Industries Co's current Days Payable is 18.08, which is 19% above median its own 10-year median of 15.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vegetable Oil Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Vegetable Oil Industries Co (XPAE:VOIC) is currently considered Modestly Overvalued. The stock's GF Value™ is JOD7.29, compared to a current price of JOD8.32 — trading 14.1% above its estimated fair value. The current Days Payable is 18.08, which is 19% above median its 10-year median of 15.20 and 59% below the Consumer Packaged Goods industry median of 44.15. Vegetable Oil Industries Co's overall GF Score™ is 85/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Vegetable Oil Industries Co (XPAE:VOIC), the current Days Payable is 18.08 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vegetable Oil Industries Co (XPAE:VOIC) Overvalued in 2026?

Based on GuruFocus' analysis, Vegetable Oil Industries Co stock appears to be overvalued. The current stock price of JOD8.32 is trading 14.1% above its estimated GF Value™ of JOD7.29. GuruFocus considers Vegetable Oil Industries Co to be Modestly Overvalued.

Key valuation signals for XPAE:VOIC:

  • Days Payable: 18.08 (19% above median its 10-year median of 15.20)
  • GF Value™: JOD7.29 vs. price of JOD8.32 (14.1% above fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 59% below the Consumer Packaged Goods median (#1470 of 1894)

No single metric tells the full story. See the XPAE:VOIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vegetable Oil Industries Co Business Description

Address Al-Zoyoot Street, Eastern Industrial Zone, P.O. Box 95, Nablus, PSE
Vegetable Oil Industries Co Ltd is engaged in the production of oil and ghee. The company produces two categories of products from Palm, Coconut, Corn, Soybean and Sunflower Oils namely: Vegetable Ghee and Shortening and Liquid Vegetable Oils. Its products include Al Ghazalein Oil, Al Aseel, Mumtaz, Al Kawakeb Ghee, Nabateen Ghee, Gazal Ghee, and Reem Oil.
85GF Score

Get the complete analysis for XPAE:VOIC

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

JOD8.32
Price
JOD7.29
GF Value